1) Key pivots used (from your uploaded monthly series)
I’m using the following monthly closing pivots (rounded to sensible precision):
-
Covid low (2020) = ₹235.20 (your CSV / earlier discussion)
-
Jan-2024 high (Wave-1 top in the bullish count) ≈ ₹1,700 (your chart / earlier statements)
-
Mar-2025 low (the recent corrective low / Wave-2 low in bullish count) = ₹649.85 (appears in your uploaded monthly file)
-
Latest monthly close (Dec 2025 in your file) = ₹870.10
-
2018 peak (prior large cycle top) ≈ ₹2,000 (reference level mentioned earlier)
If any of these exact pivot values differ on your side, tell me the corrected figure and I'll immediately re-run the numeric section — but the analysis below assumes the numbers above.
